Online bond platforms may offer overseas-regulated products and tax-specific bonds subject to disclosures, compliance safeguards and revised complianc...
Corporate guarantee valuation permits actual ascertainable commission while barring retroactive application and extended-period penalties for bona fid...
Proper-officer jurisdiction under UPGST penalty provisions upheld; participation on merits prevents bypassing the statutory appellate remedy through w...
Transitioned CENVAT credit may validly satisfy mandatory pre-deposit requirements for legacy service tax appeals through Electronic Credit Ledger debi...
Building-plan sanction charges require statutory authority; unauthorised fees and GST were quashed, while labour cess must follow prescribed collectio...
Pure-agent exclusion fails where hotel booking facilitators receive third-party services themselves, making entire customer consideration taxable as r...
This notification from the Central Board of Indirect Taxes and Customs (CBIC) under the Ministry of Finance revises the tariff values for the import of certain goods like edible oils, brass scrap, areca nut, gold, and silver. Table 1 specifies the tariff values per metric ton for various edible oils like crude palm oil, RBD palm oil, crude palmolein, RBD palmolein, crude soyabean oil, and brass scrap. Table 2 lists the tariff values for gold in various forms like bars, coins, and findings, as well as silver in forms like bars, coins, and semi-manufactured items. Table 3 mentions the tariff value for areca nuts. The revised tariff values are effective from November 15, 2024. This enables the CBIC to periodically update the tariff rates based on global commodity prices to facilitate proper valuation and revenue collection.
This notification from the Central Board of Indirect Taxes and Customs (CBIC) under the Ministry of Finance revises the tariff values for the import of certain goods like edible oils, brass scrap, areca nut, gold, and silver. Table 1 specifies the tariff values per metric ton for various edible oils like crude palm oil, RBD palm oil, crude palmolein, RBD palmolein, crude soyabean oil, and brass scrap. Table 2 lists the tariff values for gold in various forms like bars, coins, and findings, as well as silver in forms like bars, coins, and semi-manufactured items. Table 3 mentions the tariff value for areca nuts. The revised tariff values are effective from November 15, 2024. This enables the CBIC to periodically update the tariff rates based on global commodity prices to facilitate proper valuation and revenue collection.
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